EGX soars 367 pts Tuesday; market cap gains EGP 14.3bn

Cairo – Mubasher: The Egyptian Exchange (EGX) closed Tuesday’s trading session in green territory on the back of local purchases.

The benchmark EGX30 index jumped 367 points, or 2.55%, to 14,733.11 points amid heavy liquidity.

The small- and mid-cap EGX70 index added 0.5% to 689.53 points, while the broader EGX100 index went up 0.78% to 1,745.66 points.

The equal-weighted EGX50 index climbed 2.06% to 2,365 points.

Trading volume amounted to 433.07 million shares exchanged through 41,800 transactions at a turnover of EGP 1.9 billion.

Egyptian investors were net buyers with EGP 142.11 million, while foreign and Arab investors were net sellers with EGP 139.1 million and EGP 3 million, respectively.

The heavyweight Commercial International Bank (CIB) rose 3.95% to EGP 89.49, with a turnover of EGP 95.22.

Market capitalisation closed at EGP 812.1 and gained EGP 14.3 billion.

Mubasher Contribution Time: 05-Feb-2019 13:10 (GMT)
Mubasher Last Update Time: 05-Feb-2019 13:10 (GMT)